Fed policymakers forecast one more rate hike this year
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The Dow Jones Industrial Average fell 631.33 points, or 1.21 per cent, to 51,461.78, the S&P 500 lost 33.59 points, or 0.44 per cent, to 7,552.14.
Today, Sept. 16, 2026, reports of U.S. foundry negotiations fueled a 4% rally, while analysts lifted price targets citing AI and data-center upside.
California Public Employees’ Retirement System voted Wednesday to give its chief executive officer a $1.1 million bonus and a salary bump as state workers fight for higher pay.
The naira extended its depreciation against the United States dollar at the official foreign exchange market on Wednesday.
All three major U.S. stock indexes closed lower for the seventh time in the past eight sessions after the Fed chairman made it clear inflation is still a problem.